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KRA now takes Sh62 in tax for every litre of petrol sold

fossil fuels, climate change, fuel, oil ang gas companies

A pump attendant fuels a vehicle in Nairobi on May 14. 

Photo credit: DENNIS ONSONGO | NATION MEDIA GROUP

The taxman is collecting Sh62.89 on every litre of petrol, a 39 percent jump in tax collections over the past two years that has made the Kenya Revenue Authority (KRA) a key beneficiary of the surge in pump prices.

The KRA collected Sh45.1 in taxes and levies in June 2020 from petrol, and Sh51.6 last year. The taxman is now collecting Sh62.89, underlining the impact of duties on driving petrol and diesel prices.